Hey guys, and welcome to this main section which is on the main course strategy. So now that we've gone over those previous three sections of education and you know how that's been changed via technology and how technology itself is accelerating, and how the workplace is changing all that information that hopefully everyone's up to speed on that, we can start to look into the core strategy of this course. Now, when most people hear about that information in those previous three sections that I've talked about, they get quite worried and often very angry, you know, no one likes to be told that the job that they have the industry that they're in that maybe spent 10 or 20, or even more years, learning about developing and, you know, being employed in is just you You know, not needed anymore because of a certain new fancy technology or new drone, or whatever it might be.
That's, you know, all over the news at the moment, a lot of people can get very angry, they get very nervous about all these developments, but it's very understandable. No one likes to be told that they're, you know, not needed anymore because of the new whiz bang technology. Now, what most people do, though, in this scenario is that they either try and fight back against the new technology, they might try and diversify it and claim that it's, you know, wrong and people shouldn't use it, or they should continue doing the old way or, you know, for whatever reason, I'll make up a whole bunch of ones and some of them might be legitimate concerns, but ultimately, it's never a good idea. As I've mentioned before, technology and progress will always push on regardless of what you are even your company or even your entire industry says, you know, you can find it you can slow it down, but ultimately the vast majority of the time, it will still go on with or without you, whether you come and adapt to it or not, you may not be aware of it or remember it, but back in 2006, previous to 2006 Nakia in terms of mobile phones and smartphones as they were kind of known back then as well.
They were huge. They covered the vast majority of phones that were produced and for good reason. They made the best mobile phones they had fantastic screens and technology and features that cameras were really really good as well. You know, they used I think Carl Zeiss lenses and all these, you know, fancy stuff, they had fantastic phones I myself personally loved their phones are fantastic. But when Apple released their new iPhone, it you know, quite considerably changed the game and initially, people didn't know what to make a video but as it became clear over the year and then the progressing years after that that, yes, you know, this was the new technology, this was the new way that phones were going Nakia didn't seem to kind of want to hear anything about it. They just ignored it.
They kept releasing the same phones over and over again, this older technology that they've been developing for many years, they completely ignored that new iPhone smart phone style design. As a result, they are now a fraction of what they used to be and were eventually sold off, as you know, nothing basically to Microsoft. So this is what can happen to you or your company or your industry. If you do ignore the new technology that's coming through and it's happened in many other companies in industries, not just Nakia that's just you know, one of the best examples there's also Kodak as I spoke about before, but many others. So, what can you do then if ignoring it, or vilifying it or yelling at it is no good. If it's like not productive?
What is a productive thing that you can do? You know, how can you, you know, make yourself continue to be employable. And, you know, happily provide for yourself or perhaps your family as well, in the future continuing on if your industry is going to be severely disrupted, whether it's via automation or a new technology. Now, this is what the main strategy that we're about to talk about covers. I'll first give just a very brief high overview in this particular part now. And then in the next four parts, I'll be going through each of the parts of it in greater detail.
And then in the next sections. After that, I'll be going through a number of different industries, and giving live examples of how this strategy would work and flow using those industries as an example. So let's get into the overview of it at the moment. So as we can see, you've got four main points To the overall actual strategy that you can see here. In part one, you're working at your current job with, you know, all your other happily employed coworkers, the business or industry is going fine. You know, profits might be up.
It's just your regular business as usual. But what you'll be doing though, is quite a bit different to what everyone else will be doing. So instead of just working and generally being blissfully oblivious to new technologies, like most of people are usually now, you actually be reading up on new technologies constantly. This is that constant learning that I mentioned before, you'll be identifying and monitoring specific trends, technologies or just things that you've found to be relevant to your industry or business. You might even see some of the early effects of these technologies and what they do to your industry or business as well. In part two, these early effects start to get a little more serious, you know, they're a bit more noticeable.
Maybe your company starts to experiment a bit with say, automation, you know, they might become more efficient, as they often call it and start getting rid of staff or perhaps just, you know, increasing their production without hiring additional staff because of that automation. As you've been monitoring this change, or this new technology, you're well aware of it and more importantly, you're well aware of what it was likely due to the business in the long term. Maybe it's not automation, but instead a new technology and your company is now having to compete with whatever that new technology is more and more. Either way, you've identified it as a serious threat and has caused to believe it will lead to major disruption. So as a result, you search for and find different businesses that you know, aren't in decline or aren't becoming higher. be automated, and a company that has a broad booming future due to technology and just generally the way the world is actually moving on.
So that's what you'll be out there searching for in part two. Next up in part three, you start to sort of focus your efforts and learn as much as you can about the new technology and the new business that you found previously, in part two, perhaps you take some online courses, or maybe you buy some of the technology and do a lot of experimenting with a harm as I was talking about before with a deep learning example. After getting a bit more familiar with not only the company but also the new technology that that company is using, you can smoothly transition over to that new business and adapt your current main skill by adding on these new additional technologies or additional things that you've been learning over the past few months. Yours. Meanwhile, your original business or industry is being more and more affected, you know, maybe more jobs are being lost due to that automation that they're now ramping up a bit more.
Or maybe they're just simply losing the battle against whatever, then you are more advanced technology that's being rolled out, is. And finally, in part four, we can say that you've completed your full transition to the new, you know, more prosperous company, and you've done so in an orderly way, which is the important thing you can remain fully employed throughout the entire process and the old company or industry that it used to be in, you know, maybe it's been completely automated or you know, 99% automated or maybe it's just collapsed due to everyone shifting over to that newer technology, but for whatever reason, you know, it's very likely that your own a company isn't probably doing as well. as it used to. So that's a very quick overview of the actual main strategy. I'll now be going into a lot more detail on each of the parts.
So I have a chat to you in the first one in the next part